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Property profile & analytics
OFF-MARKET Estimated value $1,315,000
Outlet malls

103 Willow St Yadkinville, NC 27055-6811

9,077 SF 0.91 ac lot Built 2008
Entity Owned 4-yr Hold
Property ID
US53-1964188
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple, single-tenant Dollar General store in Yadkinville, North Carolina. The 9,077 square foot building, constructed in 2008, sits on a 1.01-acre lot and boasts upgraded brick construction with a prominent street-facing corner entry. The property enjoys a prime location in the city center, directly off I-601, and benefits from high visibility and proximity to major retailers including Food Lion, Bojangles, Walgreens, CVS, and numerous fast-food restaurants. The property is currently 100% occupied under a Net Lease agreement with a corporate guarantee from Dollar General, providing a secure and passive income stream. The lease features a remaining term of six years, with five additional five-year options, each including a 10% rent increase. This location consistently ranks in the top 15% of Dollar General stores nationwide and the top 11% in North Carolina, according to Placer.Ai, demonstrating exceptional performance and strong tenant demand. The asking price is $1,199,142, representing a 7.00% cap rate and $132.11 per square foot. The property's strong tenant, prime location, and favorable lease terms make it an attractive investment opportunity with significant long-term potential. The tenant pays a fixed monthly maintenance contribution, further enhancing the passive income stream. This is a rare opportunity to acquire a high-performing asset in a thriving market.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2008
Construction CONCRETE
Total area 9,077 SF
Lot 0.91 ac (39,640 SF)
APN 130996
UPID US53-1964188
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.38M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.29M
Blend (final) Blend
$1.32M
Owner & transaction history
Saro LLC · 4 yrs held
Saro LLC
since 2021
Last sale
$1.3M
3 recorded transactions
2021
$1.3M
2012
$980,000
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $1.3M +50.4%
Commercial (general) $1.3M +47.2%
Restaurant $1.1M +24.8%
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